TWENTY-FOUR small business operators were afforded the opportunity to learn more of services available for them during a networking breakfast hosted by the First National Bank of Namibia (FNB) in the Northern Industrial Area in Windhoek on Tuesday.
The event, which also involved SMEs Compete, afforded SME owners the opportunity to acquire knowledge of the array of services that FNB offers and also to meet key managers including the head of FNB’s newly established SME department, Ali Ipinge, and his team. In his presentation, Ipinge outlined the various services offered by his department, types of projects funded and the bank’s lending criteria.He also talked about the responsibility of small firms when entering into a relationship with the bank.After the presentation, participants had time to engage in talks with bankers.SMEs highlighted challenges encountered when dealing with banks, high bank charges and ways how to prepare ‘bankable’ business projects and plans.FNB said it would be holding similar events around the country and the next one is scheduled to take place in Walvis Bay on August 25.In his presentation, Ipinge outlined the various services offered by his department, types of projects funded and the bank’s lending criteria.He also talked about the responsibility of small firms when entering into a relationship with the bank.After the presentation, participants had time to engage in talks with bankers.SMEs highlighted challenges encountered when dealing with banks, high bank charges and ways how to prepare ‘bankable’ business projects and plans.FNB said it would be holding similar events around the country and the next one is scheduled to take place in Walvis Bay on August 25.
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